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Post by blueeyedcptcook on Mar 11, 2010 6:04:52 GMT
Forbes Business Magazine today relased their a list of the worlds richest people, and our owner Lakshmi Mittal came in at No 5 with a estimated wealth of 28.7 billion US dollars. I suppose that makes us the richest club in the UK, and means we can hold on to Nigel Quashie and Fitz Hall.
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Post by QPR Report on Mar 11, 2010 7:14:43 GMT
From the subject title thought this was a reference to that other board which characterizes itself as "the number 1 QPR fans website"
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Post by blueeyedcptcook on Mar 11, 2010 7:31:42 GMT
How right you are cobber.
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Post by QPR Report on Mar 11, 2010 8:26:17 GMT
FORBES - The RICHEST People in the WOrld #5 Lakshmi Mittal $28.7 billion Steel, India. London's richest resident oversees ArcelorMittal, world's largest steel maker. Net profits fell 75% in 2009. Mittal took 12% pay cut but improved outlook pushed stock up one-third in past year. Looking to expand in his native India; wants to build steel mills in Jharkhad and Orissa but has not received government approval. Earned $1.1 billion for selling his interest in a Kazakh refinery in December. More on Lakshmi Mittal www.forbes.com/2010/03/09/worlds-richest-people-slim-gates-buffett-billionaires-2010-intro_slide_6.htmlNet Worth: $28.7 bil Fortune: Inherited and Growing Source: steel Age: 59 Country Of Citizenship: India Residence: London Education: St Xavier C Calcutta, Bachelor of Arts / Science Marital Status: Married, 2 children London's richest resident oversees ArcelorMittal, world's largest steelmaker. Net profits fell 75% in 2009. Mittal took 12% pay cut amid slump but improved outlook pushed stock up a third in past year. Looking to expand in his native India; wants to build steel mills in Jharkhad and Orissa but has not received government approval. Started in family steel business in India in 1970s; branched out on his own in 1994. Initially bought up steel mills on the cheap in Eastern Europe. Earned $1.1 billion for selling his interest in a Kazakh refinery in December. Sits on the boards of Goldman Sachs, EADS. Upped stake in struggling British soccer team QPR in February. Funding 400-foot sculpture to be built in London's Olympic Park in time for 2012 Olympics. Owns 12-bedroom mansion in London's posh Kensington neighborhood. Daughter-in-law Megha recently bought insolvent German fashion house Escada. www.forbes.com/lists/2010/10/billionaires-2010_Lakshmi-Mittal_R0YG.html
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Post by Lonegunmen on Mar 11, 2010 9:40:16 GMT
How about buying some EPL standard players.......ok, what about some Championship standard players.
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Post by blatantfowl on Mar 11, 2010 9:50:55 GMT
Assuming the "billion" in this context is the american billion ie a thousand million and not a british billion ie a million million
Then that means he has $28,700,000,000
We had 12,000 fans in the ground for the last game and the ground can hold 19,000 when full. If we were to take a guess at how many QPR fans there are all around the world lets take a wild stab for the sake of easy maths that it is 100,000.
That means for every QPR fan he has $287,000. Probably enough to pay off all our mortgages with a little fun money left over too so we could buy a motorbike or a holiday or summick.
Excuse my clumsy maths and huge assumption on fan numbers. I am just trying to get my head around just how rich this guy is.
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